Back to news
31 Aug 2026 · 05:35 GMT+3

Canadian Dollar strengthens despite hawkish Fed rhetoric

The USD/CAD pair edges lower to around 1.3890 during the Asian trading hours on Monday. Renewed tensions between the US and Iran boost crude oil prices, supporting the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD).

Trading involves risk. The information above is for reference only and does not constitute investment advice.